The AFH Story

Historical Background

Arab Finance House Holding Company, founded in Lebanon in 2003, established two banks; Arab Finance House - a retail/commercial bank, and Arab Finance House Investment Bank - an Islamic investment bank. In Sept. 2005, the two banks merged to become Arab Finance House SAL (Islamic Bank) –AFH– which played since then a leading role in developing competitive and innovative Sharia’a compliant financial products and services.

Arab Finance House has a fully paid up capital of LBP 30 billion and is operating under the number 125 in the List of Lebanese Banks with CR No. 1002082. AFH quickly emerged as one of the leading Islamic financial institutions and is supervised by a Sharia’a Supervisory Board composed of a team of reputed Scholars who oversee and ensure Islamic compliance on all legal, financial and banking matters.

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Mission

AFH mission is to endorse and develop Islamic Finance in Lebanon and the region and set the standard of excellence for Sharia'a compliant services to valued individuals, small business and corporate customers

Vision

To be the leading Islamic Bank in Lebanon and the region

Values

Qatar Islamic Bank – QIB, established in 1982, is Qatar’s first Islamic financial institution and Sharia’a Compliant Bank. QIB is ranked second in Qatar and is also one of the largest Islamic Banks in the MENA region and pursues a vision to become the world leader in this sector. Its capital amounted USD 3.89 Billion at the end of 2016 with total assets touching USD 38.3 Billion. QIB controls 42% share of the Qatari Islamic sector, based on assets, and 12% share of the overall Qatari banking sector. It conducts its domestic business through more than 30 branches spread throughout Qatar, in addition to private centers for ladies, dedicated lounges for affluent customers, and more than 170 multi-function ATM installations. In addition to its core banking activities, QIB has a stake in a number of other Qatari Sharia’a compliant companies such as QInvest, Al Jazeera Finance, Damaan Islamic Insurance Company (Beema). Read more...